83 FR 104 pg. 24661 - Income Taxes
Type: RULEVolume: 83Number: 104Page: 24661
Page: 24661FR document: [FR Doc. 2018-11690 Filed 5-29-18; 8:45 am]
Agency: Treasury Department
Sub Agency: Internal Revenue Service
Official PDF Version: PDF Version
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
Income Taxes
CFR Correction
In Title 26 of the Code of Federal Regulations, Part 1 (§§?1.140 to 1.169), revised as of April 1, 2018, on page 88, in §?1.148-1, paragraph (e)(3) is reinstated to read as follows:
§?1.148-1 Definitions and elections.
(e) * * *
(3) Certain hedges. Investment-type property also includes the investment element of a contract that is a hedge (within the meaning of §?1.148-4(h)(2)(i)(A)) and that contains a significant investment element because a payment by the issuer relates to a conditional or unconditional obligation by the hedge provider to make a payment on a later date. See §?1.148-4(h)(2)(ii) relating to hedges with a significant investment element.
[FR Doc. 2018-11690 Filed 5-29-18; 8:45 am]
BILLING CODE 1301-00-D